The UK Financial Conduct Authority (FCA) today confirmed that Rational Foreign Exchange Limited (RFX) entered special administration.
Ed Boyle and Kristina Kicks of Interpath Ltd have been appointed joint special administrators (JSAs).
RFX provides foreign exchange and payment services to corporate and retail clients. It is authorised by the FCA to provide payment services under the Payment Services Regulations 2017 (the PSRs).
The directors of the firm concluded that the firm was insolvent and applied to court for a special administration order.
The JSAs are responsible for managing customer claims against the firm and distributing funds back to customers where possible.
Customer should contact the JSAs with any concerns. You can contact them directly on: rationalfx@interpathadvisory.com.
